TOP 49ERS
Top 49ers illustration
Welcome to the 2025 Top 49ers!
A

s Alaska Business has done for the last forty years, we are celebrating the largest Alaska companies as ranked by gross revenue. Top 49ers are companies that were founded in Alaska, maintain their headquarters here, and have not been acquired by an outside organization. Other than those criteria, the Top 49ers have little in common. Some of the Top 49ers have 100 percent Alaska workforces and operate primarily in the state, while others have national and international operations with subsidiaries and employees worldwide. As a group, they offer services in every major Alaska industry to communities across the state.

This year’s theme for the Top 49ers is “Mapping the Future” and was inspired by our 40th anniversary celebrations. Anniversaries often motivate celebrants to look back at their history, but the true value of studying the past is to improve the future. This special section contains both recent noteworthy events and a little insight from some of the Top 49ers about what the future may hold.

Click here to view the map and see our fanciful vision for the future.

No. 1
Arctic Slope Regional Corporation
2024 Rank: 1 | 5% Change in Revenue

2024 Revenue: $5,747,713,000
2023 Revenue: $5,498,216,000
2022 Revenue: $4,752,955,000
2021 Revenue: $3,876,830,000
2020 Revenue: $3,420,602,000
Arctic Slope Regional Corporation Logo

Services/Products: ASRC’s diverse operations in government contracts, industrial services, petroleum refining and marketing, energy support services, and construction give the capabilities to serve a wide range of federal, commercial, industrial, and energy customers.
Employees: 16,656 Worldwide | 3,841 Statewide
Year Founded in Alaska: 1972

Rex A. Rock Sr., Pres./CEO | Utqiaġvik | 907-852-8633 | asrc.com

No. 2
Bristol Bay Native Corporation
2024 Rank: 2 | 1% Change in Revenue

2024 Revenue: $3,211,912,000
2023 Revenue: $3,172,056,000
2022 Revenue: $2,725,190,000
2021 Revenue: $2,162,939,000
2020 Revenue: $1,690,619,000
Bristol Bay Native Corporation Logo

Services/Products: Industrial services, construction, government services, seafood, and tourism.
Employees: 5,601 Worldwide | 1,163 Statewide
Year Founded in Alaska: 1972

Jason Metrokin, Pres./CEO | Anchorage | 907-278-3602 | bbnc.net

Person jumping in the air with colorful confetti falling around them, surrounded by a crowd.
1 | Arctic Slope Regional Corporation
Through the success of our operating companies, ASRC continues to support cultural activities that are foundational to the Iñupiaq way of life. We remain rooted in Iñupiaq values, which are central to ASRC’s 2025 & Beyond Strategic Plan to build a path of continued growth for future generations of Iñupiaq shareholders.
Junior Pikok
No. 3
NANA Regional Corporation
2024 Rank: 3 | 15% Change in Revenue

2024 Revenue: $2,847,287,147
2023 Revenue: $2,466,731,743
2022 Revenue: $2,445,916,656
2021 Revenue: $1,769,700,000
2020 Revenue: $1,536,513,873
NANA Regional Corporation Logo

Services/Products: Resource development; land management; federal contracting; engineering and design; surveying and mapping; food and facilities management; camp svs; security; industrial and commercial fabrication and installation; transportation and logistics svs.
Employees: 19,345 Worldwide | 5,258 Statewide
Year Founded in Alaska: 1972

John Aġnaaqłuk Lincoln, Pres./CEO | Kotzebue | 907-442-3301 | nana.com

No. 4
Chenega Corporation
2024 Rank: 4 | 4% Change in Revenue

2024 Revenue: $1,460,000,000
2023 Revenue: $1,400,000,000
2022 Revenue: $1,280,000,000
2021 Revenue: $1,100,000,000
2020 Revenue: $949,000,000
Chenega Corporation Logo

Services/Products: Chenega provides expertise and support to defense, intelligence, and federal civilian customers. Through our portfolio of companies, Chenega competes in 8(a), small business, and full and open markets.
Employees: 9,000 Worldwide | 190 Statewide
Year Founded in Alaska: 1974

Charles W. Totemoff, Pres./CEO | Anchorage | 907-277-5706 | chenega.com

Person in a dark jacket stands on a wet shore, holding a fishing net with white floats against a cloudy sky.
2 | Bristol Bay Native Corporation
BBNC shareholder Amber Christensen-Fox in Port Heiden.
Nick Hall
Three women sit on an ATV in a grassy area surrounded by greenery, wearing traditional clothing.
3 | NANA Regional Corporation
At NANA, we are proudly guided by our Iñupiat Iḷitqusiat. We manage our lands to protect subsistence activities that are fundamental to the lives of our people.
Brian Adams
No. 5
Lynden
2024 Rank: 5 | 1% Change in Revenue

2024 Revenue: $1,360,000,000
2023 Revenue: $1,350,000,000
2022 Revenue: $1,300,000,000
2021 Revenue: $1,080,000,000
2020 Revenue: $960,000,000
Lynden Logo

Services/Products: The Lynden family of companies provides transportation and logistics solutions. They serve the entire state of Alaska and offer a full range of transportation options across all modes—air, land, and sea—so customers can optimize time and money when shipping to, from, or within Alaska.
Employees: 2,684 Worldwide | 1,127 Statewide
Year Founded in Alaska: 1954

Jim Jansen, Chairman | Anchorage | 907-245-1544 | lynden.com

Group of people posing in front of a building decorated with blue, white, and black balloons, with paddles in the background.
4 | Chenega Corporation
Community members gather to mark the opening of the new 6 Plex, built by Chenega Corporation to house essential workers.
Chenega Corporation
No. 6
Calista Corporation
2024 Rank: 6 | 12% Change in Revenue

2024 Revenue: $1,089,783,000
2023 Revenue: $968,700,000
2022 Revenue: $788,526,000
2021 Revenue: $722,630,000
2020 Revenue: $732,937,000
Calista Corporation Logo

Services/Products: Calista Corporation is the parent company of 40+ subsidiaries in the industries of defense contracting, construction, real estate, environmental services, natural resource development, marine transportation, oilfield services, and heavy equipment.
Employees: 4,250 Worldwide | 1,020 Statewide
Year Founded in Alaska: 1972

Andrew Guy, Pres./CEO | Anchorage | 907-275-2800 | calistacorp.com

No. 7
Koniag
2024 Rank: 7 | 2% Change in Revenue

2024 Revenue: $958,655,000
2023 Revenue: $936,052,000
2022 Revenue: $699,322,000
2021 Revenue: $464,068,000
2020 Revenue: $410,730,000
Koniag Logo

Services/Products: Koniag makes a meaningful difference in the lives of its Shareholders and Descendants through investments in government contracting, commercial tech, energy and water, real estate, and businesses generated by its lands in the Kodiak Archipelago.
Employees: 3,715 Worldwide | 167 Statewide
Year Founded in Alaska: 1972

Ron Unger, Chairman/CEO | Kodiak | 907-486-2530 | koniag.com

Tugboat guiding a large cargo ship loaded with colorful shipping containers through calm waters surrounded by forested hills.
5 | Lynden
Alaska Marine Lines barge approaching Ketchikan.
Lynden
Group of diverse individuals standing outdoors in a line, smiling against a clear blue sky and green landscape.
6 | Calista Corporation
Calista Corporation interns volunteer at the Calista Education and Culture golf tournament.
Russ Slaten | Calista Corporation
Group of people wearing hard hats posing inside a construction site with metal beams and walls in the background.
7 | Koniag
Koniag’s Board of Directors and leadership joined Alutiiq Museum officials inside the museum’s construction zone in 2024.
Koniag
No. 8
Bering Straits Native Corporation
2024 Rank: 9 | 16% Change in Revenue

2024 Revenue: $925,000,000
2023 Revenue: $799,000,000
2022 Revenue: $543,100,000
2021 Revenue: $468,215,000
2020 Revenue: $456,170,000
Bering Straits Native Corporation Logo

Services/Products: We provide services to government agencies and other customers in the areas of construction and civil works, environmental remediation and consulting, facilities operations and maintenance, technology, telecommunications, logistics, security, training and admin services, and transportation.
Employees: 2,699 Worldwide | 645 Statewide
Year Founded in Alaska: 1972

Cindy Massie, Pres. | Anchorage | 907-563-3788 | beringstraits.com

No. 9
Ukpeaġvik Iñupiat Corporation
2024 Rank: 8 | 13% Change in Revenue

2024 Revenue: $920,531,521
2023 Revenue: $813,530,107
2022 Revenue: $693,397,740
2021 Revenue: $582,554,430
2020 Revenue: $531,383,460
Ukpeaġvik Iñupiat Corporation Logo

Services/Products: Diversified commercial/government services, technical/professional services, logistics/support services, heavy civil/vertical construction, oilfield support, architectural/engineering, marine transportation, municipal services, and real estate management.
Employees: 3,493 Worldwide | 543 Statewide
Year Founded in Alaska: 1973

Dr. Pearl K. Brower, Pres./CEO | Utqiaġvik | 907-852-4460 | uicalaska.com

Child in a floral hooded jacket sits in a field, holding a white bucket, surrounded by colorful foliage.
8 | Bering Straits Native Corporation
A BSNC descendant enjoys more berries than her little bucket gets on the tundra alongside her parents. The land continues to provide for us, generation after generation.
Devan Otton
Group of people in matching navy jackets posing on a staircase in a modern building with plants in the background.
9 | Ukpeaġvik Iñupiat Corporation
We remain committed to serving our shareholders, growing responsibly across industries.
Lisa Barksdale Photography
No. 10
Chugach Alaska Corporation
2024 Rank: 10 | 5% Change in Revenue

2024 Revenue: $813,500,000
2023 Revenue: $775,000,000
2022 Revenue: $745,000,000
2021 Revenue: $783,000,000
2020 Revenue: $919,000,000
Chugach Alaska Corporation Logo

Services/Products: Chugach has a portfolio of complementary businesses across a range of industries including government, energy, and facilities services. Chugach also manages an investment portfolio and land and natural resource development projects in the region.
Employees: 4,300 Worldwide | 550 Statewide
Year Founded in Alaska: 1972

Sheri Buretta, Chairman | Anchorage | 907-563-8866 | chugach.com

No. 11
Global Credit Union
2024 Rank: 12 | 9% Change in Revenue

2024 Revenue: $662,153,643
2023 Revenue: $609,795,376
2022 Revenue: $544,119,473
2021 Revenue: $486,106,000
2020 Revenue:
Global Credit Union Logo

Services/Products: Financial services for consumers and businesses, including: deposits (such as savings, checking, money market, certificates, HSA, etc.); loans; investments; mortgage and real estate; and personal insurance.
Employees: 2,094 Worldwide | 1,004 Statewide
Year Founded in Alaska: 1948

Geofferey Lundfelt, Pres./CEO | Anchorage | 907-563-4567 | globalcu.org

Four people cutting a red ribbon at an entrance decorated with green, yellow, and silver balloons.
10 | Chugach Alaska Corporation
Chugach Alaska Corporation, Chenega Corporation, and The Tatitlek Corporation celebrated the grand opening of Chugach Naswik Suites in downtown Valdez. Designed to ease Valdez’s housing shortage, it offers short-term rentals, workforce housing for rotational workers, communal spaces, and signals continued economic commitment to the region.
Chugach Alaska Corporation
Large group of people posing outdoors with mountains in the background, some wearing matching team shirts.
11 | Global Credit Union
Employees gathered at Anchorage-based headquarters to celebrate another year of serving Alaskans.
Alaska Business
No. 12
Cook Inlet Region, Inc.
2024 Rank: 13 | 10% Change in Revenue

2024 Revenue: $616,000,000
2023 Revenue: $560,015,000
2022 Revenue: $539,777,000
2021 Revenue: $611,749,000
2020 Revenue: $477,990,000
Cook Inlet Region, Inc. Logo

Services/Products: CIRI manages a diverse portfolio for the long-term benefit of CIRI shareholders, including cyber security, renewable energy, infrastructure, real estate, investment securities, land and natural resources, private equity, and venture funds and government services.
Employees: 2,400 Worldwide | 85 Statewide
Year Founded in Alaska: 1972

Swami Iyer, CEO | Anchorage | 907-274-8638 | ciri.com

No. 13
Afognak Native Corporation
2024 Rank: 11 | -8% Change in Revenue

2024 Revenue: $572,583,000
2023 Revenue: $624,744,000
2022 Revenue: $650,800,000
2021 Revenue: $657,600,000
2020 Revenue: $658,753,000
Afognak Native Corporation Logo

Services/Products: Afognak Native Corporation, Alutiiq, LLC, Afognak Commercial Group, LLC and their subsidiaries and joint ventures offer exceptional service in federal and commercial sectors including leasing, timber, engineering, security, logistics, facility maintenance, retail liquor, and oilfield support.
Employees: 2,779 Worldwide | 357 Statewide
Year Founded in Alaska: 1977

Dan Corbett, CEO | Kodiak | 907-486-6014 | afognak.com

Group of children and an adult posing in front of a large world map display.
12 | Cook Inlet Region, Inc.
CIRI Descendants on Next Gen Day after demonstrating the company’s global interactive map tool.
Cook Inlet Region, Inc.
No. 14
Goldbelt Incorporated
2024 Rank: 15 | 19% Change in Revenue

2024 Revenue: $481,000,000
2023 Revenue: $404,211,538
2022 Revenue: $404,023,096
2021 Revenue: $497,000,000
2020 Revenue: $272,866,942
Goldbelt Incorporated Logo

Services/Products: Tourism, government contracting, cybersecurity, facility management, IT consulting, transportation, security services, logistics, engineering, and construction.
Employees: 2,280 Worldwide | 320 Statewide
Year Founded in Alaska: 1974

McHugh Pierre, Pres./CEO | Juneau | 907-790-4990 | goldbelt.com

Modern building facade featuring large abstract animal and spiral designs, with a sign for Afognak Native Corporation Alutiiq
13 | Afognak Native Corporation
Afognak Native Corporation’s Alutiiq Center in Anchorage features petroglyphs on the building’s face and a museum that celebrates Afognak Alutiiq culture.
Afognak Native Corporation
No. 15
Three Bears Alaska
2024 Rank: 23 | 51% Change in Revenue

2024 Revenue: $448,746,192
2023 Revenue: $428,800,000
2022 Revenue: $386,814,000
2021 Revenue: $323,438,062
2020 Revenue: $278,712,835
Three Bears Alaska Logo

Services/Products: Retail grocery; beer, wine, and spirits; general merchandise; sporting goods; pharmacy; Ace Hardware; and fuel.
Employees: 1,189 Worldwide | 1,125 Statewide
Year Founded in Alaska: 1980

David A. Weisz, CEO | Wasilla | 907-357-4311 | threebearsalaska.com

No. 16
Copper River Management Company
2024 Rank: 22 | 26% Change in Revenue

2024 Revenue: $401,010,600
2023 Revenue: $318,000,000
2022 Revenue:
2021 Revenue:
2020 Revenue:
Copper River Management Company Logo

Services/Products: Information technology, cybersecurity, construction and infrastructure services, maritime manufacturing, business transformation, healthcare support services, human capital management, professional services, IT infrastructure management, next generation technology solutions, consultative services.
Employees: 705 Worldwide | 4 Statewide
Year Founded in Alaska: 2006

Kevin McLaughlin, CEO | Anchorage | 703-234-9000 | copperrivermc.com

Modern building with a large deck, totem pole, and indigenous artwork, surrounded by tall trees.
14 | Goldbelt Incorporated
Goldbelt Aaní Cruise Port is an immersive Tlingit-themed and inspired modern cruise destination.
Goldbelt Aaní Cruise Port
Storefront of Three Bears Alaska with signs for Grocery, Fresh Meat, and Produce, featuring hanging flower baskets.
15 | Three Bears Alaska
In 2024, Three Bears Alaska expanded in the Interior with new convenience stores in Fairbanks and Delta Junction.
Three Bears Alaska
Group of people in gray jackets posing together in a workshop with military vehicle in the background.
16 | Copper River Management Company
Copper River CEO Kevin McLaughlin, Operating Group President Bill Halladay, and Sales Executive Eric Jacobs visiting the Copper River teams at the US Navy Joint Expeditionary Base Little Creek-Fort Story. This base is crucial for housing and training the nation’s Expeditionary Forces and is a key operating base for the Amphibious Forces in the US Navy’s Atlantic Fleet.
Copper River Photography
No. 17
The Aleut Corporation
2024 Rank: 16 | 4% Change in Revenue

2024 Revenue: $394,826,796
2023 Revenue: $380,000,000
2022 Revenue: $275,000,000
2021 Revenue: $231,893,388
2020 Revenue: $277,043,248
The Aleut Corporation Logo

Services/Products: Government contracting; IT; operations & maintenance; training svcs.; logistics; environmental remediation; engineering, prototyping, & manufacturing; land & resource mgmt.; commercial real estate, brokerage svcs., property mgmt.; fuel & port svcs.; tourism & hospitality; retail; renewable energy.
Employees: 1,301 Worldwide | 229 Statewide
Year Founded in Alaska: 1972

Skoey Vergen, Pres./CEO | Anchorage | 907-561-4300 | aleutcorp.com

No. 18
Olgoonik Corporation
2024 Rank: 21 | 15% Change in Revenue

2024 Revenue: $375,000,000
2023 Revenue: $325,400,000
2022 Revenue: $262,500,000
2021 Revenue: $259,700,000
2020 Revenue: $241,700,000
Olgoonik Corporation Logo

Services/Products: Specializing in construction, logistics and operations, professional and technical services, environmental and engineering, well site plugging and remediation, and commercial electrical projects.
Employees: 1,300 Worldwide | 110 Statewide
Year Founded in Alaska: 1973

Hugh Patkotak, Sr., Pres./CEO | Anchorage | 907-562-8728 | olgoonik.com

Orange tracked vehicle on snow with blue sky and distant red structures in the background.
18 | Olgoonik Corporation
Team Olgoonik has extensive field experience with well plugging and abandonment projects in Alaska and the Lower 48.
Judy Patrick
No. 19
Ahtna, Inc.
2024 Rank: 18 | 3% Change in Revenue

2024 Revenue: $369,429,741
2023 Revenue: $357,395,348
2022 Revenue: $324,900,009
2021 Revenue: $324,071,788
2020 Revenue: $336,752,052
Ahtna, Inc. Logo

Services/Products: Administrative and management, base and facilities operations, construction, environmental services, government contracting, logistics and procurement, resource development, environmental housekeeping, and security and investigative services.
Employees: 941 Worldwide | 348 Statewide
Year Founded in Alaska: 1972

Michelle Anderson, Pres. | Glennallen | 907-822-3476 | ahtna.com

Group of ten people posing under a large whale bone arch with greenery and a building in the background.
19 | Ahtna, Inc.
Ahtna Interns during visit to Anchorage.
Ahtna, Inc.
No. 20
Chugach Electric Association
2024 Rank: 17 | -1% Change in Revenue

2024 Revenue: $358,400,000
2023 Revenue: $362,700,000
2022 Revenue: $354,400,000
2021 Revenue: $354,500,000
2020 Revenue: $237,429,000
Chugach Electric Association Logo

Services/Products: Through superior service, we safely provide reliable and competitively priced energy.
Employees: 450 Worldwide | 450 Statewide
Year Founded in Alaska: 1948

Arthur Miller, CEO | Anchorage | 907-762-4489 | chugachelectric.com

No. 21
Tyonek Native Corporation
2024 Rank: 20 | 3% Change in Revenue

2024 Revenue: $341,146,301
2023 Revenue: $330,300,000
2022 Revenue: $308,787,701
2021 Revenue: $289,709,829
2020 Revenue: $254,200,000
Tyonek Native Corporation Logo

Services/Products: TNC specializes in aerospace and defense manufacturing; aircraft maintenance, modification and overhaul; cyber security training; land management of more than 190,000 acres in the Cook Inlet region; construction services; and oil and gas services support.
Employees: 1,523 Worldwide | 15 Statewide
Year Founded in Alaska: 1973

Stephen Peskosky, CEO | Anchorage | 907-272-0707 | tyonek.com

Battery storage units in a facility under a clear blue sky, with power lines and trees in the background.
20 | Chugach Electric Association
In 2024, a Battery Energy Storage System was commissioned.
Chugach Electric Association
Gravel road leading to a water body with construction equipment and vehicles in the background under a cloudy sky.
21 | Tyonek Native Corporation
This culvert on Lower Tyonek Creek replaces an undersized 6′ culvert.
Tyonek Tribal Conservation District
No. 22
Choggiung Ltd.
2024 Rank: 25 | 25% Change in Revenue

2024 Revenue: $286,714,618
2023 Revenue: $229,313,841
2022 Revenue: $191,855,472
2021 Revenue: $182,286,396
2020 Revenue: $183,200,000
Choggiung Ltd. Logo

Services/Products: Construction, federal contracting services, IT/cyber security, fire suppression/life safety, hospitality (hotel and diner), residential and commercial real estate.
Employees: 515 Worldwide | 108 Statewide
Year Founded in Alaska: 1972

Cameron Poindexter, Pres./CEO | Dillingham | 907-842-5218 | choggiung.com

No. 23
First National Bank Alaska
2024 Rank: 24 | 13% Change in Revenue

2024 Revenue: $272,533,000
2023 Revenue: $240,244,000
2022 Revenue: $184,630,000
2021 Revenue: $171,091,000
2020 Revenue: $174,672,000
First National Bank Alaska Logo

Services/Products: Friendly, knowledgeable Alaskans offer convenience, service, and value with a full range of deposit, lending, and wealth management services, and online and mobile banking. With 28 locations in 19 communities and assets of $5 billion, we’re helping Alaskans shape a brighter tomorrow.
Employees: 619 Worldwide | 619 Statewide
Year Founded in Alaska: 1922

Betsy Lawer, Board Chair/CEO/Pres. | Anchorage | 907-777-4362 | fnbalaska.com

Raw salmon fillets arranged on a surface with a large cleaver resting among them.
22 | Choggiung Ltd.
Like the salmon returns to Bristol Bay, Choggiung had another strong year.
Choggiung Ltd.
Group of diverse individuals in maroon shirts with "FIRST NATIONAL PROUD" posing outdoors, raising one finger against a mount
23 | First National Bank Alaska
Employees are First National Proud that Alaska Business readers voted First National Bank Alaska “Best of Alaska Business” in the Best Place to Work category for the 10th year.
First National Bank Alaska
No. 24
Davis Constructors & Engineers | Mass Excavation
2024 Rank: 26 | 14% Change in Revenue

2024 Revenue: $236,296,491
2023 Revenue: $207,928,281
2022 Revenue: $188,943,940
2021 Revenue: $133,579,001
2020 Revenue: $94,270,117
Davis Constructors & Engineers | Mass Excavation Logo

Services/Products: Davis Constructors & Engineers offers complete project management services to assist with design and construction of all types of building projects. We have completed more than $2.8 billion in Alaska projects.
Employees: 258 Worldwide | 258 Statewide
Year Founded in Alaska: 1976

Luke Blomfield, Pres. | Anchorage | 907-562-2336 | davisconstructors.com

No. 25
Colville
2024 Rank: 33 | 60% Change in Revenue

2024 Revenue: $206,717,858
2023 Revenue: $129,531,087
2022 Revenue: $122,812,809
2021 Revenue: $79,442,093
2020 Revenue: $96,944,395
Colville Logo

Services/Products: Colville provides a diverse range of oil field support services and supplies across the North Slope, including fuel delivery, solid waste disposal and recycling, aviation support services, camp operations, retail hardware goods, logistics, and heavy wrecker services across the state.
Employees: 244 Worldwide | 157 Statewide
Year Founded in Alaska: 1981

Jason Reeves, CEO | Prudhoe Bay | 907-659-3198 | colvilleinc.com

A large white truck with a black tanker trailer labeled "Colville" parked near a building in a snowy area.
25 | Colville
Built for the Arctic. Fueled by purpose. One of Colville’s fuel haulers ready to serve the North Slope — safely, efficiently, and with pride.
Seed Media
Group of people posing in front of a large, abstract fish sculpture with a mountainous landscape in the background.
26 | Natives of Kodiak
Natives of Kodiak, Inc. shareholders, family members, and employees gather in celebration in beautiful Kodiak.
Natives of Kodiak
No. 26
Natives of Kodiak
2024 Rank: – | – Change in Revenue

2024 Revenue: $204,621,857
2023 Revenue:
2022 Revenue:
2021 Revenue:
2020 Revenue:
Natives of Kodiak Logo

Services/Products: NOK has diversified holdings in commercial, government contracting, timber, land, and resource management. NOK’s portfolio includes diverse business operations for various state and federal agencies and commercial clients across the nation in the environmental, construction, and service sector.
Employees: 403 Worldwide | 11 Statewide
Year Founded in Alaska: 1973

Monica James, Pres./CEO | Kodiak | 907-486-3606 | –

No. 27
Northrim Bank
2024 Rank: 31 | 24% Change in Revenue

2024 Revenue: $195,960,000
2023 Revenue: $158,326,000
2022 Revenue: $134,405,000
2021 Revenue: $136,869,000
2020 Revenue:
Northrim Bank Logo

Services/Products: Banking services such as deposits and loans available through our network of twenty statewide branches, plus robust online and mobile banking platforms. New treasury management products include a top-tier Commercial Purchase Card program and merchant services through our partner Worldpay.
Employees: 524 Worldwide | 399 Statewide
Year Founded in Alaska: 1990

Mike Huston, Pres./CEO | Anchorage | 907-562-0062 | northrim.com

Group of six people posing in front of a colorful octopus mural on a boat.
27 | Northrim Bank
The Northrim Bank Executive team stand in front of a custom-built and vinyl-wrapped vessel during a tour of Bay Weld’s facility.
Northrim Bank
Construction site with heavy machinery working on a gravel road near a stream and pipeline in a rural landscape.
28 | Cruz Construction
Cruz Construction employees perform emergency work to repair a washout that had severed the Dalton Highway at milepost 315 in June of 2025.
Cruz Construction
No. 28
Cruz Construction
2024 Rank: 27 | 17% Change in Revenue

2024 Revenue: $194,000,000
2023 Revenue: $166,494,857
2022 Revenue: $123,488,417
2021 Revenue: $89,558,663
2020 Revenue: $98,823,282
Cruz Construction Logo

Services/Products: Oil and gas operations, ice roads, snow trails, tundra transport, heavy haul, heavy-civil, equipment, marine transportation, camps, logistics, oilfield exploration, engineering, and consulting.
Employees: 500 Worldwide | 480 Statewide
Year Founded in Alaska: 1981

Jeff Miller, Pres. | Palmer | 907-746-3144 | cruzconstruct.com

Group of people cutting a large red ribbon in front of utility equipment during a ceremony.
29 | Matanuska Electric Association
MEA’s Board and Railbelt partners celebrate the new Battery Energy Storage System site.
Matanuska Electric Association
Red cable car traveling along a track surrounded by lush greenery.
31 | Cape Fox Corporation
The new tram is officially open for the Ketchikan community.
Jacob Mosholder | Cape Fox Corporation
No. 29
Matanuska Electric Association
2024 Rank: 29 | 8% Change in Revenue

2024 Revenue: $176,718,443
2023 Revenue: $164,041,846
2022 Revenue: $160,964,943
2021 Revenue: $157,629,815
2020 Revenue: $155,401,551
Matanuska Electric Association Logo

Services/Products: Alaska’s oldest and second largest electric cooperative, MEA powers more than 57,000 co-op members and 72,000 meters in communities across the entire Mat-Su Borough, Eagle River, and Chugiak. Our mission is to provide safe, affordable, and reliable power with exceptional member service.
Employees: 240 Worldwide | 240 Statewide
Year Founded in Alaska: 1941

Tony Izzo, CEO | Palmer | 907-761-9300 | mea.coop

No. 30
Construction Machinery Industrial
2024 Rank: 30 | 9% Change in Revenue

2024 Revenue: $172,800,000
2023 Revenue: $159,000,000
2022 Revenue: $108,000,000
2021 Revenue: $115,000,000
2020 Revenue: $117,000,000
Construction Machinery Industrial Logo

Services/Products: Distributor of construction, mining, and logging equipment in Alaska. Representative for Volvo, Hitachi, Atlas Copco, Doosan, Metso, Link-Belt, and many other manufacturers.
Employees: 112 Worldwide | 112 Statewide
Year Founded in Alaska: 1985

Ken Gerondale, Pres./CEO | Anchorage | 907-563-3822 | cmiak.com

A calm river reflects a distant landscape with various buildings and green grass under a cloudy sky.
32 | Sitnasuak Native Corporation
Safety Sound, 15 miles east of Nome.
Cassondra Odden
No. 31
Cape Fox Corporation
2024 Rank: 28 | -1% Change in Revenue

2024 Revenue: $163,607,080
2023 Revenue: $165,440,225
2022 Revenue: $166,479,451
2021 Revenue: $147,183,908
2020 Revenue: $123,724,000
Cape Fox Corporation Logo

Services/Products: Cape Fox Corporation has two lines of business: tourism in Alaska with restaurants, a lodge, and retail; and government contracting with multiple subsidiaries that offer capabilities in IT, healthcare, professional, and facilities services.
Employees: 1,061 Worldwide | 271 Statewide
Year Founded in Alaska: 1973

Chris Luchtefeld, CEO | Ketchikan | 907-225-5163 | capefoxcorp.com

No. 32
Sitnasuak Native Corporation
2024 Rank: 32 | 7% Change in Revenue

2024 Revenue: $158,979,487
2023 Revenue: $148,248,000
2022 Revenue: $144,008,083
2021 Revenue: $145,579,765
2020 Revenue: $185,519,277
Sitnasuak Native Corporation Logo

Services/Products: Fuel storage and sales; residential and commercial real estate; financial and title services; retail; textile manufacturing.
Employees: 1,241 Worldwide | 97 Statewide
Year Founded in Alaska: 1973

Charles Fagerstrom, CEO | Nome | 907-227-5639 | snc.org

Sign for the Herbert C. Hoover Building, detailing a roof replacement project, with text and an image of the building.
33 | Gana-A’ Yoo, Limited
The Gana-A’Yoo Family of Companies delivers value-engineered solutions.
Gana-A’ Yoo, Limited
Six people in safety gear stand in a forest, discussing tree cutting techniques near a fallen tree.
35 | The Kuskokwim Corporation
The Kuskokwim Corporation’s Harvest to Home Project is laying the foundation for sustainability and stewardship in the Middle Kuskokwim. Each step forward builds resilience rooted in culture, land, and future generations.
The Kuskokwim Corporation
No. 33
Gana-A’ Yoo, Limited
2024 Rank: 37 | 13% Change in Revenue

2024 Revenue: $127,120,150
2023 Revenue: $112,068,877
2022 Revenue: $72,056,260
2021 Revenue: $74,041,908
2020 Revenue: $81,976,088
Gana-A’ Yoo, Limited Logo

Services/Products: The Gana-A’Yoo Family of Companies provides services in the areas of construction (secure, historical, and modernization), demolition, operations and maintenance, complex civil, munitions crating manufacturing, IT services, logistics, food services, and waste management.
Employees: 372 Worldwide | 113 Statewide
Year Founded in Alaska: 1978

Dena Sommer-Pedebone, CEO | Anchorage | 907-569-9599 | ganaayoo.com

No. 34
Kikiktagruk Inupiat Corp.
2024 Rank: 35 | 6% Change in Revenue

2024 Revenue: $123,920,500
2023 Revenue: $117,407,463
2022 Revenue: $84,173,000
2021 Revenue: $79,307,587
2020 Revenue: $82,858,722
Kikiktagruk Inupiat Corp. Logo

Services/Products: Scientific/security/ IT support services contracts. Commercial and residential rental properties, retail sales portfolio. Government BOS/JOC/SABER/IDIQ contracts, design-build, heavy civil, and development construction contracts.
Employees: 274 Worldwide | 29 Statewide
Year Founded in Alaska: 1973

Thomas Kennedy, Pres./CEO | Kotzebue | 907-277-7884 | kikiktagruk.com

No. 35
The Kuskokwim Corporation
2024 Rank: 38 | 14% Change in Revenue

2024 Revenue: $122,813,801
2023 Revenue: $107,640,674
2022 Revenue: $132,542,074
2021 Revenue: $122,795,621
2020 Revenue: $73,160,209
The Kuskokwim Corporation Logo

Services/Products: Construction, government services, environmental services, lighting, aerospace, aircraft maintenance and repair, real estate, and rural retail.
Employees: 338 Worldwide | 38 Statewide
Year Founded in Alaska: 1977

Andrea Gusty, Pres./CEO | Anchorage | 907-243-2944 | kuskokwim.com

No. 36
MTA
2024 Rank: 36 | 0% Change in Revenue

2024 Revenue: $115,379,000
2023 Revenue: $115,870,000
2022 Revenue: $108,893,000
2021 Revenue: $138,000,000
2020 Revenue: $97,200,000
MTA Logo

Services/Products: MTA provides residential and business technology solutions, such as internet and cybersecurity products. MTA provides Alaska with limitless bandwidth capacity through its AlCan ONE fiber line and partners with enterprise, government, and wholesale partners on scalable networking solutions.
Employees: 309 Worldwide | 303 Statewide
Year Founded in Alaska: 1953

Michael Burke, CEO | Palmer | 907-745-3211 | mtasolutions.com

Four people walking towards the camera in front of a large truck with "MTA" logo on a clear day.
36 | MTA
Apprenticeship program students ready for action, helping to ensure reliable services in the community.
Chelsa Jay
Construction workers operate a crane to lift equipment at an industrial site with machinery and ladders visible.
37 | Udelhoven Oilfield System Services
Udelhoven has been proud to be a part of building Alaska’s foundation for more than fifty-five years.
Udelhoven Oilfield System Services
No. 37
Udelhoven Oilfield System Services
2024 Rank: 43 | 24% Change in Revenue

2024 Revenue: $114,000,000
2023 Revenue: $92,000,000
2022 Revenue: $82,917,932
2021 Revenue: $52,581,004
2020 Revenue: $56,994,250
Udelhoven Oilfield System Services Logo

Services/Products: Mechanical and electrical inspection, functional check-out, quality assurance/quality control, plumbing, welding, modular fabrication, industrial and commercial construction.
Employees: 300 Worldwide | 250 Statewide
Year Founded in Alaska: 1970

Scott Selzer, Pres. | Anchorage | 907-344-1577 | udelhoven.com

No. 38
Huna Totem Corporation
2024 Rank: 40 | 20% Change in Revenue

2024 Revenue: $112,817,682
2023 Revenue: $93,830,000
2022 Revenue: $70,506,878
2021 Revenue: $35,629,092
2020 Revenue: $14,095,688
Huna Totem Corporation Logo

Services/Products: Government contracting and tourism.
Employees: 605 Worldwide | 424 Statewide
Year Founded in Alaska: 1973

Russell Dick, Pres./CEO | Juneau | 907-789-8500 | hunatotem.com

No. 39
Watterson Construction Co.
2024 Rank: 47 | 30% Change in Revenue

2024 Revenue: $108,300,000
2023 Revenue: $83,300,000
2022 Revenue: $81,400,000
2021 Revenue: $51,000,000
2020 Revenue: $84,600,000
Watterson Construction Co. Logo

Services/Products: As a full-service general contractor, Watterson specializes in helping clients navigate the design and construction processes to assure that projects maximize program goals within budget and are aesthetically pleasing.
Employees: 105 Worldwide | 105 Statewide
Year Founded in Alaska: 1981

Jim Watterson, Pres. | Anchorage | 907-563-7441 | –

A mechanic works on a laptop at a table next to an open engine compartment of a vehicle.
40 | Craig Taylor Equipment
Expanded our service department capacity and invested in additional parts inventory in 2025.
Craig Taylor Equipment
Group of employees posing together at Credit Union 1, with a green wall and reception desk in the background.
42 | Credit Union 1
We’re proud to expand into Wasilla, Skagway, and Kotzebue—where the team posed for the grand opening.
Tatum Buss | Strategies 360
No. 40
Craig Taylor Equipment
2024 Rank: 46 | 20% Change in Revenue

2024 Revenue: $104,370,000
2023 Revenue: $86,788,000
2022 Revenue: $68,146,916
2021 Revenue: $56,109,877
2020 Revenue:
Craig Taylor Equipment Logo

Services/Products: Craig Taylor Equipment is a full-service dealership for John Deere, Peterbilt, Bobcat, Doosan, Dynapac, and many other manufacturers. Providing equipment sales, parts, service, and rental for the industries that are building Alaska’s future.
Employees: 130 Worldwide | 130 Statewide
Year Founded in Alaska: 1954

Chris Devine, Pres./CEO | Anchorage | 907-276-5050 | craigtaylorequipment.com

No. 41
Usibelli Coal Mine
2024 Rank: 39 | 4% Change in Revenue

2024 Revenue: $101,000,000
2023 Revenue: $97,300,000
2022 Revenue: $99,357,000
2021 Revenue: $94,300,000
2020 Revenue: $94,000,000
Usibelli Coal Mine Logo

Services/Products: Usibelli Coal Mine has supplied Alaskans with affordable, reliable energy since 1943. As the state’s only active coal mine, we provide fuel for power and heat generation across the Interior, support local jobs, and invest in long-term environmental stewardship.
Employees: 190 Worldwide | 151 Statewide
Year Founded in Alaska: 1943

Joseph E. Usibelli Jr., Pres./CEO | Fairbanks | 907-452-2625 | usibelli.com

No. 42
Credit Union 1
2024 Rank: 42 | 9% Change in Revenue

2024 Revenue: $100,698,593
2023 Revenue: $92,423,998
2022 Revenue: $77,760,445
2021 Revenue: $70,736,844
2020 Revenue: $65,289,354
Credit Union 1 Logo

Services/Products: Credit Union 1 is a full-service financial institution known for its affordable, personalized loans, community outreach, and cutting-edge money management tools. We value accessible, “people first” lending as one of our most vital community services.
Employees: 381 Worldwide | 360 Statewide
Year Founded in Alaska: 1952

Mark Burgess, Pres./CEO | Anchorage | 907-339-9485 | cu1.org

No. 43
Grant Aviation
2024 Rank: 41 | 2% Change in Revenue

2024 Revenue: $95,000,000
2023 Revenue: $92,900,000
2022 Revenue:
2021 Revenue:
2020 Revenue:
Grant Aviation Logo

Services/Products: Scheduled and charter passenger and cargo air transportation.
Employees: 400 Worldwide | 400 Statewide
Year Founded in Alaska: 1971

Gabriel Kompkoff, Pres./CEO | Anchorage | 888-Fly-Grant | flygrant.com

Chugachmiut Regional Health Center building with mountain backdrop and decorative roof design.
44 | Roger Hickel Contracting
A newly completed project is Chugachmiut Regional Health Center in Seward.
Kevin G. Smith Photography
A large yellow bulldozer on a flatbed truck with an "OVERSIZE" sign, set against a mountainous landscape and blue sky.
45 | Black Gold Express
Black Gold Express moves a Cat dozer out of Valdez.
Brett Ward
No. 44
Roger Hickel Contracting
2024 Rank: 48 | 11% Change in Revenue

2024 Revenue: $89,913,137
2023 Revenue: $81,334,658
2022 Revenue: $98,490,509
2021 Revenue: $69,204,276
2020 Revenue: $55,312,489
Roger Hickel Contracting Logo

Services/Products: General contractor of civil, industrial, and commercial projects throughout Alaska.
Employees: 80 Worldwide | 80 Statewide
Year Founded in Alaska: 1995

Sean Hickel, Pres. | Anchorage | 907-279-1400 | rogerhickelcontracting.com

No. 45
Black Gold Express
2024 Rank: – | – Change in Revenue

2024 Revenue: $88,901,000
2023 Revenue:
2022 Revenue:
2021 Revenue:
2020 Revenue:
Black Gold Express Logo

Services/Products: Black Gold Express provides trucking and logistics support for the oil and gas, construction, and mining industries in Alaska.
Employees: 313 Worldwide | 305 Statewide
Year Founded in Alaska: 1987

Jim Huffman, Pres. | North Pole | 907-490-3222 | blackgoldalaska.com

Construction workers operating heavy machinery to pave a road, with a cloudy sky in the background.
46 | Great Northwest, Inc.
The paving crew pulls in the project manager and superintendent to dust off their paving skills for some echelon paving on the Richardson Highway.
John Dean
No. 46
Great Northwest, Inc.
2024 Rank: 45 | -9% Change in Revenue

2024 Revenue: $80,925,000
2023 Revenue: $88,700,000
2022 Revenue: $62,275,000
2021 Revenue: $41,500,000
2020 Revenue: $61,400,000
Great Northwest, Inc. Logo

Services/Products: Heavy highway civil construction.
Employees: 200 Worldwide | 200 Statewide
Year Founded in Alaska: 1976

A. John Minder, Pres./CEO | Fairbanks | 907-452-5617 | grtnw.com

Aerial view of a construction site with buildings, trees, and a city skyline in the background.
48 | Cornerstone General Contractors
Cornerstone General Contractors partner with the Anchorage School District and Nvision Architecture to deliver a future-ready learning environment for generations of students.
Cornerstone General Contractors
No. 47
Anchorage Chrysler Dodge Center
2024 Rank: 44 | -11% Change in Revenue

2024 Revenue: $80,184,716
2023 Revenue: $89,927,039
2022 Revenue: $82,460,000
2021 Revenue: $90,038,000
2020 Revenue: $84,416,000
Anchorage Chrysler Dodge Center Logo

Services/Products: Chrysler, Jeep, and Dodge Ram new and used vehicle sales and service. Your hometown dealer for sixty-two years.
Employees: 105 Worldwide | 105 Statewide
Year Founded in Alaska: 1963

Corey Meyers, Pres. | Anchorage | 907-276-1331 | –

No. 48
Cornerstone General Contractors
2024 Rank: – | 55% Change in Revenue

2024 Revenue: $79,125,974
2023 Revenue: $51,118,880
2022 Revenue: $60,859,615
2021 Revenue: $52,000,000
2020 Revenue: $38,735,241
Cornerstone General Contractors Logo

Services/Products: Cornerstone offers a comprehensive range of commercial general contracting & construction management services, including pre-development, preconstruction, construction, and continuation. We emphasize transparent client service, innovation, risk management, safety, and community impact.
Employees: 79 Worldwide | 79 Statewide
Year Founded in Alaska: 1993

Joe Jolley, Pres. | Anchorage | 907-561-1993 | cornerstoneak.com

No. 49
Alaska Village Electric Cooperative
2024 Rank: – | 5% Change in Revenue

2024 Revenue: $77,931,939
2023 Revenue: $73,981,089
2022 Revenue: $60,772,521
2021 Revenue: $51,871,938
2020 Revenue:
Alaska Village Electric Cooperative Logo

Services/Products: Member-owned electric cooperative serving fifty-eight rural Alaska communities.
Employees: 138 Worldwide | 138 Statewide
Year Founded in Alaska: 1967

Bill Stamm, Pres./CEO | Anchorage | 907-561-1818 | avec.org

Man posing next to a large yellow generator in an industrial setting.
49 | Alaska Village Electric Cooperative
Power Plant Operator Abner Hawley retires a CAT 3412 in Kivalina to make room for a CAT 3456 genset.
Don deLima